Error message

  • Notice: Trying to get property of non-object in template_preprocess_imageblock_content() (line 349 of /home/agbrief/agb/sites/all/modules/imageblock/imageblock.module).
  • Notice: Trying to get property of non-object in template_preprocess_imageblock_content() (line 349 of /home/agbrief/agb/sites/all/modules/imageblock/imageblock.module).
03, Feb, 2013

Data revealed by the New Zealand authorities shows that in the year to June 2012, punters spent a total of USD $1.77 billion on all forms of gambling including TAB, lotteries, casinos, and other gaming venues, representing a 3% increase compared to the previous year. Casino gambling registered the highest growth rate at 8% largely due to the reopening of Christchurch Casino after the February 2011 earthquake, and SkyCity (SKC:NZ) floor expansions. The 2011 Rugby World Cup in Auckland pushed TAB racing and sports betting growth of 4.9% collecting USD $240 million.

03, Feb, 2013

SkyCity (SKC:NZX) is seeking Government approval for more gaming machines in return for building a $350 million national convention centre.  However, the company says its expansion plans are not linked to the convention centre proposal and denied suggestions that the controversial deal had been finalized

03, Feb, 2013

SkyCity (SKC:NZX) was granted approval from the South Australia government after more than two years of negotiations to revamp its Adelaide property in a new regulatory and taxation framework. Company is committing US$ 214 mil for a wider entertainment complex with 1,500 slots and 200 tables to target the VIP market.

03, Feb, 2013

A virtual poker machine game has been named as the country’s highest grossing phone and tablet app, causing critics and regulators to call for legislation.  The game was exempt from the Interactive Gambling Act because the winnings cannot be cashed out.  Independent Senator Nick Xenophon has said he will file for legislation in February when federal parliament resumes.

03, Feb, 2013

For the very first time the Australian Federal government has legislated to regulate gaming machines. Up until now, the States and Territories in Australia have had it all to themselves. The gaming reform will have a range of new and distinctive regulatory impacts (stay tuned to AGB for more on this issue).

Pages